Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) Sees Large Growth in Short Interest

Innovator U.S. Small Cap Power Buffer ETF – August (BATS:KAUG) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,283 shares, an increase of 301.8% from the April 15th total of 817 shares. Based on an average daily volume of 12,643 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC boosted its position in Innovator U.S. Small Cap Power Buffer ETF – August by 28.4% during the first quarter. Kestra Advisory Services LLC now owns 53,702 shares of the company’s stock worth $1,440,000 after purchasing an additional 11,884 shares during the period. Faithward Advisors LLC lifted its stake in shares of Innovator U.S. Small Cap Power Buffer ETF – August by 44.3% in the fourth quarter. Faithward Advisors LLC now owns 14,737 shares of the company’s stock worth $391,000 after buying an additional 4,525 shares during the last quarter. Safe Harbor Wealth Advisors LLC bought a new stake in shares of Innovator U.S. Small Cap Power Buffer ETF – August during the 4th quarter worth $2,734,000. TopTier Wealth Management LLC acquired a new position in Innovator U.S. Small Cap Power Buffer ETF – August in the 4th quarter valued at $466,000. Finally, Foundations Investment Advisors LLC grew its stake in Innovator U.S. Small Cap Power Buffer ETF – August by 6.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 20,431 shares of the company’s stock valued at $542,000 after buying an additional 1,188 shares during the last quarter.

Innovator U.S. Small Cap Power Buffer ETF – August Trading Down 0.2%

Innovator U.S. Small Cap Power Buffer ETF – August stock traded down $0.05 during mid-day trading on Wednesday, hitting $28.14. 3,199 shares of the company’s stock were exchanged, compared to its average volume of 30,308. Innovator U.S. Small Cap Power Buffer ETF – August has a 1-year low of $24.17 and a 1-year high of $28.25. The stock has a 50 day moving average of $27.33 and a two-hundred day moving average of $26.92.

About Innovator U.S. Small Cap Power Buffer ETF – August

The Innovator US Small Cap Power Buffer ETF – August (KAUG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure. KAUG was launched on Aug 1, 2024 and is issued by Innovator.